CARGOCONNECT-MAY23 - Flipbook - Page 46
F E A T U R E
THE COMPELLING
INFLUENCE FOR RETAILERS
IN BARGAINING FOR
OCEAN-FREIGHT RATES
This year should be a buyer’s market
and present opportunities to bring ocean
contract prices close to pre-pandemic levels.
Shippers should spend time reviewing the
target rates for the 2023 contracts so as
to maximise savings. There’s going to be
a lot of room for negotiation, especially in
these early parts of the year. However, global
re-alignment as a result of supply chain
constraints will be the biggest uncertainty
for every ocean carrier, analyses SANA HUSAIN.
46 | CARGOCONNECT MAY 2023